SCOTUSblog has the scoop... it was 5-4 and the dissenting Justices spoke at length (which seems to be a new thing on the Court).
Needless to say, there will be a LOT of analysis on this. I think this is a good thing in a sense, however, I think Congress needs to rethink the electioneering communications scheme to regulate what should be regulated and leave lobbying and other protected communications alone.
This is not the death of campaign finance reform... it is, however, the first time the reform legal theory has been knocked down by the Court in a while. We'll see how both sides react...
UPDATE: The Washington Post gives some additional details here.
UPDATE, Part Deux: Campaign Legal Center has posted the decision here.
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